Subject


Europe


2024-08-21

[News] Eurozone CPI Edges Up to 2.6%, with Rate Cut Expected in September

Eurostat released the July CPI data for the Eurozone on August 20, showing an annual growth rate of 2.6%, slightly up by 0.1% from the previous month and in line with market expectations. The three countries with the lowest annual inflation rates were Finland (0.5%), Latvia (0.8%), and Denmark (1....

2024-08-19

[News] TSMC to Break Ground on Germany Fab, with Overseas Investment Reportedly Amounting to nearly USD 100 billion

As per a report from Economic Daily News, TSMC’s first European 12-inch fab is set to hold its groundbreaking ceremony on August 20. Along with TSMC’s ongoing projects in Japan and the U.S., the investment has amounted to nearly USD 100 billion. Meanwhile, this move is also expected to generat...

2024-07-29

[News] TSMC’s German Plant Reported to Break Ground in Weeks, Expected to Begin Production by Late 2027

TSMC announced last year that it would build a plant in Dresden, Germany. The plant is originally expected to break ground as early as Q4 this year, but now it may start sooner. According to a report from Deutsche Welle, TSMC’s Dresden plant will begin construction within a few weeks, which means ...

2024-07-23

[News] Intel Suspended Investment in French and Italian Chip Plants

Recently, after reporting a loss of USD 7 billion in its manufacturing business for 2023, Intel stated that its investment in France and Italy could not be realized for the time being, which is worth several billion euros and can potentially create thousands of jobs. Relevant investment plans for ch...

2024-07-19

[News] TSMC Maintains Overseas Expansion Strategy, Unfazed by Geopolitical Disruptions

According to a report from Economic Daily News, amid U.S. presidential candidate Donald Trump's remarks claiming that Taiwan is taking away chip business and should pay the U.S. for defense, geopolitical risks have become another focal point at TSMC's July 18 earnings call. TSMC stated that wheth...

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